Off Shore Gaming Association

Authorities in New York, New Jersey and Connecticut smashed several international sports betting rings yesterday.

State and local officials from throughout New Jersey arrested 47 people and are seeking 12 others as part of the ring that handled a half-billion dollars worth of bets over the last 16 months, which used the Internet as well as a network of street-level operatives. Monmouth County Prosecutor Luis Valentin identified three ringleaders of the operation as Joseph Pasquale, 50, of Brick Township; Richard Crossan, 48, of Hillsborough in Somerset County; and Ralph Santoro, 52, of Bridgewater. They are being held on $1 million bail.

The New York arrests included 17 individuals in connection with what law enforcement officials are calling a $30 million online gambling ring. Much of the gambling business was conducted through 50KSports.com. This operation has been described as nothing more than a wire room with servers in Costa Rica.

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On 20 December 2006, the Chairman of the Panel informed the DSB that due to the parties’ schedulng constraints as well as the time required for the completion and translation of the report into French and Spanish, the Panel would not be able to issue its report within the 90-day period foreseen in Article 21.5 of the DSU. The Panel expects to circulate its report to Members by the end of March 2007.

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Betplatinum.com has a new and easier to access website for recreational players. The updated BetPlatinum website features a new system of mobile wagering where players can access thier accounts on a PDA or mobile phone . As Derby season apporaches, the revamped racebook features a 9% rebate. Check out the changes at Betplatinum.com today!

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Well, the results are in…….Players are divided nearly equally on the three of the four #1 seeds but Ohio State takes the largest margin in answeer to the question, “Which one of these teams does NOT make the final four?” The four #1 seeds came in at Florida (18.06%),
Kansas (19.44%), N. Carolina (25.00%) and the winner by 12+ point margin - Ohio St (37.50%).

Oddly enough, these reults tmirror the current odds on the NCAA Champion. Pinnacle Sports has Florida as the 3-1 favorite and Ohio State as the top-seed longshot at 8-1.

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NETeller co-founders Stephen Lawrence and John LeFebvre are scheduled to appear in court on Friday, however, a hearing will take place, Rebekah Carmichael , a spokesperson for the Southern District of New York U.S. Attorney’s office told Casino City .

There has been widespread speculation that the charges against these two men, a list of crimes that include money laundering, may be dropped. The case can either go to trial, be extended or the case could be dropped. The industry is hoping for the latter.

Stay tuned as wee keep our eye on this significant case.

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Here at OSGA we are trying to bring more interaction to our website….. A contest ….a FREE contest. The first annual OSGA March Madness Bracket Contest.

Contestants must pick the winners of the 63 games in the 2007 Bracket Contest, including the final four teams and eventual champion. Winning entry will have the most total points. In the event of a tie, the person with the closest total points in the final game will be the winner.

Point System :

1st Rnd = 1 pts
2nd Rnd = 2 pts
Sweet 16 = 4 pts
Elite 8 = 8 pts
Final Four = 12pts
Champion = 16pts

The player who accumulates the most points will get $200 Cash
Second Place: $100 3-Team Parlay at Bestline Sports
Third Place: $50 Cash
Fourth Place: Free $25 wager at GamblersPalace
Fifth Place: $25 Cash

To Enter the Contest - CLICK HERE.

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